Moving From Process-driven to Data-driven: The Digital Transformation of Product Configuration
CLM Summit 2023 presentation byHenrik Reif Andersen
Chief Strategy Officer and Co-founder, Configit
The only constant is change. And those manufacturers that are capable of responding swiftly to disruptive market requirements, be it pandemic challenges, supply chain gaps, sustainability needs or the current economic downturn – will maintain their competitive edge.
The key to success lies in a globally centralized, end-to-end data model ensuring consistent product configuration data across all functions involved in the product configuration process his integrated and seamless view on configuration data enables manufacturers to work from a data driven approach rather than from a rigid and uni-directional process-driven scenario.
In this presentation you will gain insight into the latest research on why and how manufacturers need to change their strategy to master product complexity based on Configuration Lifecycle Management (CLM) enabling data-driven product configuration. This approach provides a high level of transparency of product dependencies down to individual mechanical, electronic or software features – supporting better choices in the digital transformation journey with more reliable and profitable solutions.